DON’T CALL ME GENERAL AFTER MAY 29 –BUHARI Media team unveils official portrait

The Directorate of Me¬dia and Publicity for the President-elect, Muhammadu Buhari Media Team has unveiled the official portrait and nomen¬clature of President-elect and Vice-President-elect in Lagos yesterday.
At a brief interaction in La¬gos, the Director of the media team, Mallam Sheu Garba said, “from May 29, 2015 the President-elect and Vice-Pres¬ident-elect are to be respec¬tively known and addressed as Muhammadu Buhari, Presi¬dent, Commander-in-Chief of the Armed Forces, Federal Republic of Nigeria and Prof. Yemi Osinbajo, SAN, Vice President, Federal Republic of Nigeria.
The official portraits were then unveiled to journalists.

My Life In Danger, SUG Preisident Of UNIZIK Eyisi

The  Students Union Government (SUG)  President,of  Nnamdi Azikiwe  University, Awka, Anambra State, Mr Noble Eyisi has accused the management of the institution of  planning to expel him from the institution for championing the cause of students.

He also alleged that the University Vice Chancellor, Prof. Joseph Ahaneku paid an undisclosed amount to his colleagues in SUG leadership to facilitate his impeachment.

Eyisi in a press briefing in Awka yesterday said his aides are currently being detained in a cell in the school, alleging that plans were on by the management of the institution to also arrest him.

In an earlier response however, the Public Relations Officer of the school, Dr Emma Ojukwu insisted that Eyisi and other members of the executives of the SUG were like their children, and that despite the defamatory letters being circulated by the president of SUG against the Vice Chancellor, Prof Joe Ahaneku, the school will not take action, but hopes he will change.

World Communications Day: Bishop Ezeokafor Calls for Better Welfare Packages for Journalists ..Says Media Job Is A Risky Profession

BY ABUCHI IFESINACHI, AWKA

The Catholic Bishop of Awka Diocese, His Lordship Most Rev. Dr. Paulinus Ezeokafor has called on the government at all levels as well as private sectors to protect journalists across the 36 States of the federation and as well offer them better welfare packages noting that media job is most risky profession.

Bishop Ezeokafor who stated this at St. Patrick's Catholic Cathedral, Awka on Friday 15 May, 2015 while briefing newsmen on the theme of this year's World Communication Day celebration entitled Communicating the Family: A Privileged Place of Encounter with the Gift of Love which
was in continuity with the previous year’s message said 'Every job is risky but the media is more risky profession. The practitioners should be well remunerated.

JOHN KERRY TO LEAD US DELEGATION TO BUHARI’S INAUGURATION • Revenue slump may force President-elect to Issue Eurobonds

The United States’ President Barack Obama has named his Secretary of State, Hon John Kerry as the head of the American "Presidential delegation" to the inauguration of Muhammadu Buhari as the president of Nigeria, come May 29, 2015.
THISDAY confirmed last night from a statement from the White House that other members of the US delegation will be announced on a later date.
The United States has been specially particular in its support for the democratic growth in Nigeria.
Meanwhile, Nigeria’s deteriorating fiscal position, may force the incoming Muhammadu Buhari’s administration to tap from the international capital market by issuing Eurobond.
A rally that drove yields on Nigerian Eurobonds to six-months low has created an opportunity for the president-elect’s government to tap international markets soon after he is sworn in on May 29, Bloomberg reported monday.
Rates on Nigeria’s $500 million of securities due July 2023 fell to 5.45 per cent this month, the lowest since November 4. Yields have dropped by more than 300 basis points since reaching a record high of 7.83 per cent on February 11. Nigerian dollar debt has returned seven per cent this year, compared with the 2.8 per cent average for peers in Africa and the Middle East, according to data compiled by Bloomberg.

OSOBA, DANIEL SET TO JOIN APC

There are strong indications that former Governors of Ogun State, Aremo Olusegun Osoba, and Otunba Gbenga Daniel and their supporters are heading back to the All Progressives Congress (APC).
Osoba and his supporters defected from APC to the Social Democratic Party (SDP) ahead of the 2015 general elections.
Osoba was a founding father of the APC but a disagreement with Ogun State Governor, Senator Ibikunle Amosu, also of the APC, and the inability of the national leadership of the APC to settle the quarrel led to his moving to the SDP with his supporters.
He also alleged marginalisation of his group by the national leadership of APC as the reason for the defection.
Osoba and his group contested and lost the last election on the platform of the SDP, though there were several last minute moves to reconcile with the APC.
P.M.NEWS reliably gathered that the reconciliation moves have been revived and delegations from the APC have met twice with Osoba in his Abeokuta home to ensure his return to the party.
Sources close to the two time former Governor of the Gateway State confirmed toP.M.NEWS that the first delegation led by the National Deputy Chairman of the APC and former Governor of Ekiti State, Engineer Segun Oni, met with Osoba immediately after the Presidential and National Assembly elections in Abeokuta.

JONATHAN GOVT INCURS N5TN DOMESTIC DEBT IN FIVE YEARS

In the over five years that President Goodluck Jonathan has been presiding over the affairs of the country, the Federal Government has borrowed N5.04tn from the domestic debt market.
Jonathan became Nigeria’s acting President on February 10, 2010 and substantive President on May 6,2010 following the death of President Umaru Yar’Adua on May 5,2010. On May 29, 2011, he was sworn in as an elected president.
Records at the Debt Management Office showed that the domestic debt of the Federal Government stood at N3,466,360,000,000 (N3.47tn) as of March 31, 2010.
The latest debt statistics from the DMO as of March 31, 2015 showed that the domestic debt had risen to N8,507,545,474,000 (N8.51tn).
This means that in the last five years, the Federal Government had borrowed N5.04tn from domestic lenders. It also means that within the period, the domestic debt of the Federal Government grew by 157.48 per cent.
A breakdown of the domestic debt profile of the Federal Government by instruments showed that FG Bonds accounted for N5.37tn or 63.13 per cent of the total domestic debt.
The Nigerian Treasury Bills, on the other hand, accounted for N2.87tn or 33.68 per cent of the Federal Government total domestic debt profile.
Similarly, the Nigerian Treasury Bonds accounts for N271.22m or 3.19 per cent of the Federal Government’s total domestic debt profile.
The DMO statistics also showed that the domestic debts of the states grew by 116.83 per cent within the same period.

2015 POLLS: AMAECHI WANTS BUHARI TO PROBE ARMY, POLICE IN RIVERS

Rivers State Gov¬ernor, Chibuike Amaechi, has urged the incoming Fed¬eral Government to probe the role of the police and the army in the last general elec¬tions in the state.
Amaechi made the ap¬peal yesterday at the Greater Together Campaign Organ¬isation (GTCO) of All Pro¬gressives Congress (APC) special thanksgiving service to celebrate God’s faithfulness throughout the electioneering period in the state held at the Obi Wali International Confer¬ence Centre, Port Harcourt.
He alleged that the police, army, militants and the Inde¬pendent National Electoral Commission (INEC) were used to rob APC of victory and cause electoral irregularities in the state.
Also, he requested that the police commission should dis¬cipline police officers indicted in the electoral crisis in the state, “whether they were pro¬moted and transferred out of the state or not.”
“Let us ask the Federal Government to investigate the crisis in Rivers State. Army should be investigated because they participated in the general elections,” Amaechi said.
The state governor ex¬pressed gratitude to God for saving him from the outgoing Federal Government, through the victory of the President-elect, General Muhammadu Buhari.
“Why do I have to thank God? For our lives! He an¬swered our prayers by making Buhari the president. Imagine if Buhari did not win? Just sleep and wake up and imagine that Buhari did not win, what would have happened?

Apple Buys Chinedu Echeruo’s Hopstop.com for $1 Billion

Apple has bought Mr. Chinedu Echeruo’s Hopstop.com for one billion dollars, The Wall Street Journal’s publication, AllThingsDigital has reported.

Founded in 2005, Hopstop.com makes mobile applications for both iOS and Android that covers over 300 cities and that helps people get directions or find nearby subway stations and bus stops. Terms of the deal have not been disclosed as at the time of this report.
Echeruo, formerly an analyst at the investment banks and hedge funds, founded Hopstop.com in 2005.

Echeruo is now Chairman of the Board for Hopstop, has been compared to Israel’s Waze, which was recently acquired by Google for $1 billion. The move is seen as Apple’s plan to bolster its map offering, especially given Google’s recent acquisition of Waze.
A serial entrepreneur, Echeruo grew up in the Eastern part of Nigeria and attended Kings College, Lagos.

PDP GOVS TO BOYCOTT NGF MEETING • New leadership may emerge —Okauru

GOVERNORS elected under the Peoples Democratic Party (PDP) may not attend today’s meeting of the Nigerian Governors Forum (NGF), convened by the Governor Rotimi Amaechi’s-faction of the group.
The PDP-faction led by Governor Jonah Jang of Plateau State has kicked against the meeting, saying that it was self-serving and an attempt to foist an unacceptable leadership on the body.
The administrator of the Jang-faction Osaze Onaiwu confirmed to Nigerian Tribune in Abuja on Sunday that the PDP governors would not attend the meeting.
He said that those convening the meeting were the same people that caused problems in the NGF leading to its split.
Onaiwu argued that if the PDP governors were to attend the meeting, it would be an indictment on President Goodluck Jonathan, who would then be seen as the person behind it’s crisis.
The factional NGF Administrator alleged that the All Progressive Congress (APC) governors’ motive for calling the meeting was indeed to indict Jonathan.
He added that the next set of governors must be allowed to reorganise the governors’ forum and choose their own leaders.
Onaiwu also rejected the role of the Director-General of the Amaechi-led NGF, Ashihana Okauru, saying that he has no right to write letters inviting the PDP governors to the meeting.
Onaiwu said if such letters were to be written, he would have been the one to do it or write them in conjunction with Okauru.

HOW JONATHAN OUTSMARTED APC – ABATI

The Special Adviser, Media and Publicity to the President, Mr. Reuben Abati, says President Goodluck Jonathan was able to outsmart the All Progressives Congress by quickly conceding defeat and congratulating the President-elect, Muhammadu Buhari.
Abati said prior to the presidential election, the APC had threatened to form a parallel government and had even predicted that Jonathan would be like former Ivorian President, Laurent Gbagbo, who refused to leave office despite losing and was eventually dragged before the International Criminal Court.
However, Abati said in an article titled, ‘Right of Reply: Olusegun Adeniyi’s Trip to Babel,’ which was published on his official website, that Jonathan would forever be remembered as a hero who put his opponents to shame.
He said, “By his very unusual and highly symbolic act of graceful concession, President Jonathan snatched glorious victory from the jaws of seeming defeat. He outsmarted his traducers and became, overnight, a hero of global proponents of true democracy in Africa.